The Ministère du Pétrole et des Energies, Sénégal, together with the Société des pétroles du Sénégal (Petrosen) and supported by GeoPartners Ltd, is to launch the 2020 Senegal Licensing Round with an opening event on January 28th 2020, at the King Fahd Hotel, Dakar. The Licensing Round, announced at Africa Oil Week in Cape Town in November 2019, comprises ten (10) blocks on offer in the MSGBC Basin, offshore Senegal. The Round launches officially on Friday 31st January 2020, and applications should be delivered to the Ministry of Petroleum and Energy no later than 17:00 on Friday 31st July 2020.

Petrosen has partnered with TGS, GeoPartners and PGS to provide over 14,000 km of 2D data, over 10,000 km of 3D data and over 50,000 sq km of Multibeam data with associated shallow cores and geochemistry, to interested parties.

The licensing round seeks to increase investment in the country, presenting opportunities for short medium and long-term investment, with future rounds planned.

Further events are planned in London on 19-20th February, and in Houston on 24-25th February 2020.

Presentations will provide an opportunity to review and discuss the exploration opportunities available with technical advisors and senior Ministry personnel, to arrange private meetings and further data viewings.

The programme at each event will include:

· Ministry Advisor – Welcome to Senegal

· Opening Session: Mamadou Faye, PETROSEN

· Licensing Round Overview: Joseph Medou – PETROSEN

· Technical Overview: Ben Sayers – TGS

· Q & A

Space is limited to the first 50 applicants, so please respond as soon as possible to Tracey Dancy on tracey.dancy@geopartnersltd.com

British company UTP provides engineering services into the global market, including high precision defence and aerospace sectors, critical components for the oil and gas sectors and bespoke components into the nuclear sector. With a global market opportunity how does UTP help its client maximise their supply chain efficiency?

“We have always had an eye for quality,” says Alan Knox, Commercial Director of UTP. “And that has allowed us to enhance the services we offer to our clients by removing complexity from their supply chain.”

“An example is that for one component we actually researched, designed and then built a bespoke measurement rig for the final components. We now machine the component, assemble the component and then fully test and certify the component prior to shipment.”

“For that customer that component no longer needs to be shipped back to a central hub for testing before being repackaged and sent to site. We worked hard to build the confidence and to demonstrate to that client our ability to measure, monitor and certify the assembled final component.”

“Essentially we supply straight to site simplifying their supply chain logistics and providing a better certification route than what they were previously achieving.”

“The sectors we operate in are by their nature international so we have always worked with international customers. More recently, we have noticed that global supply chains are requiring their suppliers to be more innovative, to be more flexible and be able to ship components to wherever they are needed.”

“UTP is exporting its services across the globe. We have just finished a component that has been sent direct to China, another example of how our attitude of collaboration combined with strong project management and engineering diligence is working for us and our clients.”

UTP is investing for success both in the UK and abroad. Our engineering team would be delighted to hear from you to understand more about how we can meet your engineering needs. Please call Alan Knox on 01329 552493 or send an email to enquiries@utp.co.uk.

The Minister of Energy and Non-renewable Resources in Ecuador has today announced an open licensing round for eight (8) blocks onshore Ecuador in Sucumbíos Province. These comprise: Araza Este, Changue, Iguana, Perico, Espejo, Pañayacu Norte, Charapa and Sahino. The blocks offered are all onshore, conventional opportunities, most with prospective sandstone reservoirs (one with a carbonate reservoir). All are low risk exploratory blocks and are located close to established fields.

Ecuador is an under-explored country with high oil potential. Existing infrastructure and well-developed oil services industry presents an attractive opportunity to take hydrocarbons to market. The Ministry is offering a Participation Contract, that is equitable and competitive and allows companies to share production and book reserves.

The Intracampos round is an exciting new opportunity to increase investment in the country, as Ecuador offers opportunities for short medium and long-term investment, with future rounds planned.

The licensing round will be launched in Quito at the JW Marriott to invited parties only, on Tuesday 11th September, and the latest date for submission of proposals will be January 2019.

Presentations and data rooms will also take place in Houston on 25-27th September at the St Regis Hotel, Houston.

Data available for viewing includes 3D and 2D seismic, correlation wells (LAS, ASCII or Images) and production data from analog fields.

On the morning 25th September there will be an opportunity to hear presentations on the exploration opportunities, the contractual and fiscal terms, and the legal framework for upstream petroleum activities in Ecuador. Private data or meeting rooms will be available for two further days, with slots available to book.

Please contact intracamposecuador@woodmac.com for more information, to book attendance at the presentation opportunities or to arrange for a 1-2-1 meeting or private viewing of the data in Houston.

[HOUSTON, USA] – [1st August 2018] – TARGET Energy Solutions LLC is pleased to announce their operational expansion into the Americas market. Target has established an office in Houston to better serve its clients and partners in the Americas region.

2018 is proving to be an exciting year, with Digital Transformation gaining serious momentum in the upstream oil and gas industry, as customers demand cloud-based solutions to manage their ever-increasing volumes of complex upstream data at a more competitive price point.

With this in mind, TARGET is opening its first office in Houston. The company is actively recruiting experienced sales, business development and technical staff to join the team, to serve our current and new customer partners and to collaborate with our technology partners in Houston and in the wider region. TARGET plans to have a team of at least five permanent staff in Houston, by year-end and further staff to cover the wider region.

High on the Houston agenda is the expansion of the TARGET partnering program. “The US shale market has a lot of potential for digital transformation. Our solutions are well suited for this and other upstream sectors, regulators, investors and operators, that are looking for growth opportunities in the downturn by leveraging cutting edge information technology’ Matthias Hartung, President – Digital Transformation said. “Our approach is to partner with clients and together achieve performance improvements for them. We do this through leveraging our deep expertise and highly configurable modular solutions, making better use of their data and transforming their processes to become more efficient, thinking with them from the desired business outcome backward.’

]]>PETROSEN/SENEGAL Licensing Round 2020https://makingwavesmarketing.co.uk/petrosen-senegal-licensing-round-2020-2/
Fri, 13 Mar 2020 14:38:23 +0000https://iwserver.co.uk/makingwavesmarketing.co.uk/?p=2076The Ministère du Pétrole et des Energies, Sénégal, together with the Société des pétroles du Sénégal (Petrosen) and supported by GeoPartners Ltd, is to launch the 2020 Senegal Licensing Round with an opening event on January 28th 2020, at the King Fahd Hotel, Dakar. The Licensing Round, announced at Africa Oil Week in Cape Town in November 2019, comprises ten (10) blocks on offer in the MSGBC Basin, offshore Senegal. The Round launches officially on Friday 31st January 2020, and applications should be delivered to the Ministry of Petroleum and Energy no later than 17:00 on Friday 31st July 2020.

Petrosen has partnered with TGS, GeoPartners and PGS to provide over 14,000 km of 2D data, over 10,000 km of 3D data and over 50,000 sq km of Multibeam data with associated shallow cores and geochemistry, to interested parties.

The licensing round seeks to increase investment in the country, presenting opportunities for short medium and long-term investment, with future rounds planned.

Further events are planned in London on 19-20th February, and in Houston on 24-25th February 2020.

Presentations will provide an opportunity to review and discuss the exploration opportunities available with technical advisors and senior Ministry personnel, to arrange private meetings and further data viewings.

The programme at each event will include:

· Ministry Advisor – Welcome to Senegal

· Opening Session: Mamadou Faye, PETROSEN

· Licensing Round Overview: Joseph Medou – PETROSEN

· Technical Overview: Ben Sayers – TGS

· Q & A

Space is limited to the first 50 applicants, so please respond as soon as possible to Tracey Dancy on tracey.dancy@geopartnersltd.com

]]>TARGET Announces the official release of MEERA simulation packagehttps://makingwavesmarketing.co.uk/target-announces-the-official-release-of-meera-simulation-package/
Fri, 13 Mar 2020 13:32:16 +0000https://iwserver.co.uk/makingwavesmarketing.co.uk/?p=2074TARGET announces today the official release of its MEERA simulation package. A revolutionary break through that combines AI and numerical simulation models in one framework making it the first AI-Physics augmented reservoir simulator.

MEERA Simulator is a conventional 3D, 3-phase numerical reservoir simulator which guarantees mass conservation for all compositions within the reservoir and wells using flux conserved form of finite volume discretization for governing Navier-Stokes equations. The actual simulation is performed on a multi-scale grid with arbitrary up-scaled grid block properties.

The AI/ML Engine Is a multi-layer deep learning framework having fully connected networks in conjunction with various drop-out layers and coupled with enhanced LSTM based recurrent neural networks.

‘We are extremely proud to deliver to market this extraordinary intelligent reservoir simulator’ said Ali Al Mujaini, TARGET CEO. With this our clients can now produce;

Better alignment between development and operation plans and provide stable and auditable cash flow predictions to their shareholders.

Better optimization of development strategies by running numerous scenarios in minutes.

TARGET is an international technology and services company focused on delivering digital transformation solutions to data-driven industries. We work with a broad range of clients from policy makers, regulators, service providers and operators, to financial institutions and investors across a variety of industrial sectors. Whilst TARGET’s core business has its origins in the upstream oil and gas sector, our technology solutions are scalable, expandable and portable across other extractive industries.

For more information on Target Energy: http://www.target-energysolutions.com/

For MEERA Simulation: meerasimulation.com

]]>The Republic of Madagascar is pleased to announce that the 2018-19 Licensing Round will open at Africa Oil Week 2018https://makingwavesmarketing.co.uk/the-republic-of-madagascar-is-pleased-to-announce-that-the-2018-19-licensing-round-will-open-at-africa-oil-week-2018/
Thu, 13 Sep 2018 13:41:19 +0000https://iwserver.co.uk/makingwavesmarketing.co.uk/?p=2078OMNIS, in partnership with TGS and BGP, announce a licensing round in Madagascar, to be launched at Africa Oil Week, 5-9th November 2018.

Exploration in Madagascar began in the early 20th century with the discovery of heavy oil-rich sedimentary basins in the west, however this frontier region remains relatively under-explored. The Island shares a maritime boundary with Mozambique, which is in the same oil province where large quantities of natural gas have been discovered. Studies conducted in collaboration with TGS and BGP have resulted in new data that suggest there is significant potential for future discoveries both on and offshore.

“With the aim of intensifying offshore exploration activities, we are delighted to announce that OMNIS will be inviting investment from interested parties, during a licensing round to start in November 2018. We are working together with TGS and BGP to create an attractive environment for exploration in the offshore, and we are confident that this will signal the start of renewed investment for the upstream oil sector in Madagascar,” Voahangy Nirina Radarson, General Manager of OMNIS, commented.

]]>Ministry of Energy and Non-renewable Resources in Ecuador announce Intracampos Licensing Roundhttps://makingwavesmarketing.co.uk/ministry-of-energy-and-non-renewable-resources-in-ecuador-announce-intracampos-licensing-round-2/
Wed, 12 Sep 2018 13:42:40 +0000https://iwserver.co.uk/makingwavesmarketing.co.uk/?p=2081The Minister of Energy and Non-renewable Resources in Ecuador has today announced an open licensing round for eight (8) blocks onshore Ecuador in Sucumbíos Province. These comprise: Araza Este, Changue, Iguana, Perico, Espejo, Pañayacu Norte, Charapa and Sahino. The blocks offered are all onshore, conventional opportunities, most with prospective sandstone reservoirs (one with a carbonate reservoir). All are low risk exploratory blocks and are located close to established fields.

Ecuador is an under-explored country with high oil potential. Existing infrastructure and well-developed oil services industry presents an attractive opportunity to take hydrocarbons to market. The Ministry is offering a Participation Contract, that is equitable and competitive and allows companies to share production and book reserves.

The Intracampos round is an exciting new opportunity to increase investment in the country, as Ecuador offers opportunities for short medium and long-term investment, with future rounds planned.

The licensing round will be launched in Quito at the JW Marriott to invited parties only, on Tuesday 11th September, and the latest date for submission of proposals will be January 2019.

Presentations and data rooms will also take place in Houston on 25-27th September at the St Regis Hotel, Houston.

Data available for viewing includes 3D and 2D seismic, correlation wells (LAS, ASCII or Images) and production data from analog fields.

On the morning 25th September there will be an opportunity to hear presentations on the exploration opportunities, the contractual and fiscal terms, and the legal framework for upstream petroleum activities in Ecuador. Private data or meeting rooms will be available for two further days, with slots available to book.

Please contact intracamposecuador@woodmac.com for more information, to book attendance at the presentation opportunities or to arrange for a 1-2-1 meeting or private viewing of the data in Houston.

]]>TARGET Expands Business Operations in The Americashttps://makingwavesmarketing.co.uk/target-expands-business-operations-in-the-americas-2/
Tue, 07 Aug 2018 13:43:30 +0000https://iwserver.co.uk/makingwavesmarketing.co.uk/?p=2083[HOUSTON, USA] – [1st August 2018] – TARGET Energy Solutions LLC is pleased to announce their operational expansion into the Americas market. Target has established an office in Houston to better serve its clients and partners in the Americas region.

2018 is proving to be an exciting year, with Digital Transformation gaining serious momentum in the upstream oil and gas industry, as customers demand cloud-based solutions to manage their ever-increasing volumes of complex upstream data at a more competitive price point.

With this in mind, TARGET is opening its first office in Houston. The company is actively recruiting experienced sales, business development and technical staff to join the team, to serve our current and new customer partners and to collaborate with our technology partners in Houston and in the wider region. TARGET plans to have a team of at least five permanent staff in Houston, by year-end and further staff to cover the wider region.

High on the Houston agenda is the expansion of the TARGET partnering program. “The US shale market has a lot of potential for digital transformation. Our solutions are well suited for this and other upstream sectors, regulators, investors and operators, that are looking for growth opportunities in the downturn by leveraging cutting edge information technology’ Matthias Hartung, President – Digital Transformation said. “Our approach is to partner with clients and together achieve performance improvements for them. We do this through leveraging our deep expertise and highly configurable modular solutions, making better use of their data and transforming their processes to become more efficient, thinking with them from the desired business outcome backward.’

The MEERA agile, trusted-data platform and its associated products set a new benchmark for the industry, giving teams the ability to work effectively together using the same data sources, regardless of their device, location or domain.

]]>Manufacturing for Global Marketshttps://makingwavesmarketing.co.uk/manufacturing-for-global-markets-2/
Tue, 05 Jun 2018 13:44:37 +0000https://iwserver.co.uk/makingwavesmarketing.co.uk/?p=2085British company UTP provides engineering services into the global market, including high precision defence and aerospace sectors, critical components for the oil and gas sectors and bespoke components into the nuclear sector. With a global market opportunity how does UTP help its client maximise their supply chain efficiency?

“We have always had an eye for quality,” says Alan Knox, Commercial Director of UTP. “And that has allowed us to enhance the services we offer to our clients by removing complexity from their supply chain.”

“An example is that for one component we actually researched, designed and then built a bespoke measurement rig for the final components. We now machine the component, assemble the component and then fully test and certify the component prior to shipment.”

“For that customer that component no longer needs to be shipped back to a central hub for testing before being repackaged and sent to site. We worked hard to build the confidence and to demonstrate to that client our ability to measure, monitor and certify the assembled final component.”

“Essentially we supply straight to site simplifying their supply chain logistics and providing a better certification route than what they were previously achieving.”

“The sectors we operate in are by their nature international so we have always worked with international customers. More recently, we have noticed that global supply chains are requiring their suppliers to be more innovative, to be more flexible and be able to ship components to wherever they are needed.”

“UTP is exporting its services across the globe. We have just finished a component that has been sent direct to China, another example of how our attitude of collaboration combined with strong project management and engineering diligence is working for us and our clients.”

UTP is investing for success both in the UK and abroad. Our engineering team would be delighted to hear from you to understand more about how we can meet your engineering needs. Please call Alan Knox on 01329 552493 or send an email to enquiries@utp.co.uk.